India, Oct. 16 -- Guar gum futures prices fell on Friday as traders reduced their positions amid subdued demand in the spot market and ample supplies from producing regions.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for November delivery dropped by Rs 135, or 1.16 per cent, to Rs 15,776 per quintal, with a trading volume of 76,250 lots.
Market participants attributed the decline to weak spot market demand and adequate supplies from growing areas.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....